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Bloomberg Television

How #Bitcoin Got to $100,000 ❣️

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$100,000 it’s the number that Bitcoin bulls have dreamed about for years confidence that us president-elect Donald Trump will pursue crypto-friendly policies pushed the largest token to 100K but Bitcoin has seen its share of ups and downs it was launched in 2009 by Creator Satoshi Nakamoto as a peer-to-peer Network free of government control but who’s Satoshi Nakamoto still TBD the token ended the year 2010 at roughly 30s but notched a 137% gain the next year it continued its and in 2017 rallied to a high of $14,000 its March from pennies in its early years to tens of thousands of dollars meant scaling a massive wall of worry or fud fear uncertainty and doubt crypto assets have been a playground for scammers money launderers and hackers for years fud pushed aside in late 2020 to 2021 it hit highs of more than $60,000 and crypto Superstars like FTX founder Sam bman freed and binance’s Chang ponga were featured regularly in the news but 2022 marked the beginning of a crypto winter FTX collapsed along with crypto lenders Genesis and celus bankman freed was charged with fraud and sentenced to 25 years in prison Z received a four-month sentence for failures in anti-money laundering controls Bulls came running back in January 20124 when the first exchange traded funds that invest directly in the token were launched the token hit another $73,000 in March and the ETFs now hold more than $100 billion in assets

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